Football betting is the most popular sport that uses fixed odds. Fixed odds are where the bettor or punter knows the odds of the event or market when they place their bet. This allows them to know the exact winnings they will receive if their bet wins, and is opposed to some other types of betting where the bet money is pooled and the winnings are calculated after. Football Fixed Odds Betting in the UK and Ireland is either quoted in fractional of decimal odds. The former being more popular with the older generation of the country.
In the English Premier League every weekend thousands of fixed odds bets are placed. The most popular is the 1X2 bet, which is betting on either team to win (team 1 or 2), or betting on the draw (X). This is the easiest and most obvious thing to bet on because there are only 3 outcomes and you can take a fair guess at the outcome of the game.
Another popular bet to make is either the scoreline of the game or guessing a player that will score. These get better odds because they are harder to predict. The bookmaker is going to make more money from people who lose this bet, so it will have more to pay out to people who predict correctly!
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